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Gold Forex Robot is an automated Profitable MT4 Robot designed specially designed to trade only on XAUUSD(GOLD). In the world of trading, it is essential to have an edge over the market to achieve maximum profit potential. This EA is a mean-reversion grid trading system that uses machine learning technology to place high-profit potential trades on the Gold market. This article will delve deeper into the features of the MT4 Forex Robot and how it can benefit traders.

The Profitable MT4 Robot uses fundamental market inefficiencies to its advantage to have an edge over the market. It is designed to trade on XAUUSD(GOLD) with a timeframe of M1. The EA has five predefined set files, essentially five different trading systems on gold. Traders may choose the default option (XAU Risky) or have their preferences.

The Profitable MT4 Robot has demonstrated strong performance both in backtesting and live trading on MQL5. Specifically, 3 of its 4 set files have shown positive results, indicating that the system’s trading strategies and risk management features are effective in the gold market.

Features of Gold Forex Robot

One of the unique features of Gold Forex Robot is that it allows you to retrain the neural network on your broker’s data. This feature means the EA can learn from the market and adapt to new market conditions, making it a flexible and adaptive trading system.

The Profitable MT4 Robot has an advanced news and stock market crash filter. This filter helps traders avoid trading during market events that may cause volatility, reducing the risk of losses. Additionally, the EA has flexible customization with many filters and options, allowing traders to personalize the trading system to their preferences.

The system’s performance is evaluated through a statistic panel with a self-diagnostic system and neural network forecast indicator. This feature helps traders track the system’s performance and make informed decisions about trading.

Please test in a demo account first for at least a week. Also, please familiarize yourself and understand how this Gold Forex EA works, then only use it in a real account.

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Recommendations for this Profitable MT4 Robot

  • The minimum account balance for this EA depends on the settings file you are using
    • 1400$ for “XAU Balanced” set file 1:500 leverage.
    • 400$ for “XAU Classic” set file 1:500 leverage.
    • 50$ for “XAU Risky” set file 1:500 leverage.
    • 100$ for “XAU Risky Vol” set file 1:500 leverage.
    • 100$ for “XAU Balanced Vol” set file 1:500 leverage.
  • Work Best on XAUUSD(Gold). (Work on any currency pair)
  • Work Only on M1.
  • This Profitable MT4 Robot should work on VPS continuously to reach stable results. So we recommend running this MT4 EA Download on a reliable VPS (Reliable and Trusted FOREX VPS – FXVM)
  • The EA is NOT sensitive to spread and slippage. But We advise using a good ECN broker (Find the Perfect Broker For You Here)

Min Deposit of 1$
Allow Cent Acount
Levergae up to 1:3000


Min Deposit of 20$
Allow USA Traders
Levergae up to 1:500

Open Tools –> Options –> Expert Advisors. Check the option “Allow WebRequests for listed URL” Add the following: “https://ec.forexprostools.com”, “https://www.worldtimeserver.com“, “http://timesrv.online“, “http://valerytrading.com“, “http://valerytools.com” and press “OK.” The EA takes news from the specified websites.

Input Parameters
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MM & Risk settings

  • Allow Opening a new Grid – on/off the opening of new grids. It does not affect the already open grids.
  • Lot-sizing Method- select the lot sizing method according to the risk you want to take: Fixed Lots will use fixed lot size from the “Fixed lot” parameter, Dynamic Lots will use the ‘Dynamic Lot’ parameter, Deposit load will calculate lots based on deposit load%, and four predefined presets will calculate risk automatically for you
  • Fixed Lot- fixed trading lot for the initial trade.
  • Dynamic Lot (Balance/Equity based)- balance/equity to be used per 0.01 lot
  • Deposit Load % – % of the deposit that will be used to open the initial trade

Strategy

  • Percentage Pips Mode – on/off percentage pips mode. 1 per. pip = 0.0001 * Curr. Price
  • Price Channel Period – period of Donchian channels used to calculate the upper/lower levels
  • Price Channel Time Frame – working TF for the Donchian channels
  • Daily EMA Period – period of the daily EMA for calculating the medium-term trend
  • Volatility Filter – allows you to avoid risky trades during periods of high volatility

Machine Learning

  • Enable Neural Network Filter – on/off filtering of trades using ML technology.
  • Use Built-in Perceptron Configuration – if true, the EA will use built-in Perceptron config. If false, the EA will load the custom config file Perceptron_Config.txt located in the common directory for all MT4/5 terminals.
  • Min Probability of Profit % – min predicted probability that a trade would result in a profit.

Perceptron Training

  • Perceptron Training Mode – if true, the EA will try to train Perceptron and save results in the external config file Perceptron_Config.txt
  • Dataset Max Size – maximum dataset size for raw data
  • Neuron in Hidden Layer – number of neurons in the hidden layer. If zero, then no hidden layer will be used
  • Training Algo – training algorithm: Levenberg–Marquardt or L-BFGS
  • Number of Restarts – max. number of restarts to find the global optimum

Grid settings

  • Trade Distance – min. step in pips between grid(averaging) trades
  • 2nd Trade Multiplier- multiplier for the 2nd trade
  • 3rd-5th Trade Multiplier- multiplier for the 3rd-5th trades
  • 6th- Trade Multiplier- multiplier for the 6th-…. trades
  • Maximum Trades- max number of the grid(averaging) trades

Others

  • Trade Comment- comment for orders
  • UID (0…9)- unique EA instance number. Usually no need to change it
Profit Sniper indicator for free download

Conclusion of this MT4 Forex Robot

In summary, the MT4 Forex Robot is a powerful mean-reversion grid trading system that utilizes machine learning technology to trade gold with an edge over the market. With its flexible customization and advanced features, traders can personalize the system to their preferences, while the neural network retraining feature allows the system to adapt to new market conditions. The advanced news and stock market crash filter help traders avoid market events that may cause volatility, reducing the risk of losses. The solid backtest and live performance, the statistic panel, and the neural network forecast indicator make the Gold Forex Robot an ideal trading system for traders looking to maximize their profits in the gold market.

Profit Sniper indicator for free download